Gulf State Economies Defy Slowdown

While the economic growth in the United States and Europe appears stagnant at best, the outlook for emerging markets and the major oil producers remains positive. There are indications that the UAE is among those countries showing resilience and a degree of independence from trends in the larger world. In a June 17 report the IMF described the financial environment in the emerging and developing markets to be “quite accommodative.” Growth in Middle Eastern economies for the year ahead is projected at 3.6%. That contrasts with a rate of 1.9% forecast for the United States.

Emirates Business Law Blog

What are the hottest issues and investment areas in the Middle East region today? How are business opportunities changing the global landscape? We are closely watching, reporting, and keeping readers up to date on the business and legal developments between the UAE and global emerging markets. Subscribe and stop by often.